Directors Dealings

Any persons working in a management capacity for an issuer of shares are required under Art. 19 of the Regulation (EU) No 596/2014 on market abuse (MAR) to inform the issuer and the German Federal Financial Supervisory Authority (BaFin) of any transaction involving company shares or financial instruments pertaining to these shares in which they themselves engage. The same applies to certain persons closely related to or connected with the managers mentioned above.


The following transactions were reported to GRAMMER AG (in accordance with Art. 19 MAR since July 3, 2016, previously in accordance with Section 15a of the German Securities Trade Act):